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know what it takes to get this economy going again. cheryl: so what would a tax plan under a romney/ryan administration look like? rich edson breaks it down for us. rich? >> reporter: well, cheryl, democrats call it a giveaway to the rich at the expense of the middle class. republicans say they're wrong, and this morning governor romney defended his tax plan. >> by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. by bringing rates down, we'll be able to let small businesses keep more of their money to hire more people. >> in the end the details are really up to congress. romney's proposed cutting every tax rate by 20%. to insure the treasury department takes in about the same amount of money under a new system, romney is proposing cure curbing and eliminating tax deductions. the problem? the campaign refuses to say which deductions and how much they will cut. campaign firms say that is up to congress. as more the most popular and expensive deductions congress may consider curbing cost of health care plans, interest on home mo
they have not exactly late at which deductions are on the way out. back to you. cheryl: that's the big question, but at least the tax returns came out on friday. great interview exclusively talking to fox business. thank you very much. meanwhile, president obama may have the upper hand in ohio, but can he keep that momentum going? with more on this, guidance and commander for town hall the outcome is here. democratic strategist and senior vice president of global strategy group. i want to start with you. at this point in ohio if you look just at the numbers in ohio, the president is waiting. and romney has a fairly decent cap that he has for phil here. does he stand a chance? >> definitely. at think it's going to be a knife fight down the very final stretch, the quote that i got from our romney campaign when i spoke to them at rodney headquarters last week. it will be very close, but it is absolutely clear that the president does have an advantage , and one of the things that he is up against is the fact that the governor, a republican, has actually got up very good job. unemployment i
evening from everyone. i am cheryl casone and for gerri willis. president obama into the podium at the united nations to defend his foreign policy. all eyes are on him. anti-american protests continued to rage on. the president making clear that he is hopeful enact let us remember that this is a season of progress. for the first time in decades, nations and libyans and egyptians voted for new leaders that were credible, compatible and fair. cheryl: has a change to something more dangerous? tonight, we talk to our expert from the hoover institution. today, he definitely handled the issue of the middle east. but critics say he has made too many missteps come back. >> he really didn't. president obama has to, begin with, changing his story. his administration described the crime that had taken place in benghazi is related to the video. it wasn't video. it was an act of terrorism. this story has changed. this is the background. so much for the rest is a good deal of revision of history. cheryl: you think the critics can get past the fact that he is not meeting with benjamin netanyah
that. that's it for forbes on fox. thanks for watching. keep it right here. cheryl casone and "cashin' in." >> first, the blame game, then the bailout game. remember this? >> since you mentioned north america, this was originated in north america. >> now the president of a european commission is saying this, we can not continue trying to solve europe's problems, with its national solution. the solution is more international rescues. someone here says that means more u.s. tax dollars. well, hello, i'm cheryl casone. welcome it "cashin' in". we have wayne rogers, jonathan, tracy burns, john, and joining us this week, sally cohen is with us. welcome. tracy, you say this talk of nations coming together to rescue europe is bad for taxpayers in this country. >> cheryl, this whole kumbaya stuff is expensive. we send money to the imf, they send it to europe. is anybody in europe paying attention to the austerity measures? no. everyone keeps saying he did it. no one takes any blame for anything anymore, including here at home. we keep bailing our own selves out. it has to stop or no one is goi
, it will take more than a few years for us to solve challenges that have built up over decades. cheryl: mitt romney is the campaign trail in swing states. takes a swing at barack obama. >> this president tried but did not understand what it takes to make our economy work. cheryl: what does another four years of obama or run the presidency mean for your money? we have top financial advice. also, who led the bulls out? the market on a tear, but september is usually the cruelest month for stocks. will this year be any different? and if the economy is so tough, why are super bowl ads so hot? those top stories and a lot more coming in tonight. ♪ cheryl: and thank you for joining us. a 4-1, that is the big figure that we are focusing on the night, following today's weak jobs report. of get to that figure in just a second, but first news today that our nation's unemployment rate has fallen for the month of august. now, as you can see, that is a decrease from ththe month prior. while it may sound like good news, it's really not. 96,000 non-farm jobs were added last month, 360,000 people dropped ou
with people having to cover that were short. cheryl: let's see what happens. after hours trading will keep us abreast of what happens. low volume because of the jewish holiday. the new york stock exchange, occupy everything at this point, what are you watching right now on the floor? >> we were watching oil. it had the effect on the oil stocks and all that around. we also heard a fat finger trade. some of my friends, there seems to be whispers about president obama using strategic oil preserve as a reelection tool if you will to offset the impact of oil from the free money flow from the fed, all that really did was driving down the dollar making oil more expensive. the administration has to come up with a way to offset the voters affected by the gas tank. definitely a topic of discussion. you mentioned apple. it has its weightings. hopefully suggesting apple may have a positive impact on the gdp into next quarter because of the iphone, swivel be interesting to see if that holds true. cheryl: obviously we're watching all the headlines coming in and crossing in. thought there was some sort of n
there's enough momentum, there's enough energy behind it to keep this market moving higher. cheryl: and hopefully enough volume which is another key indicator of how the markets are feeling. let's go to the cme and daniel, want to get your take on what -- on where we're at with the s&p. how do you factor in what bernanke may or may not do come thursday? >> the market has factored it in. they obviously believe there's going to be an ease come tomorrow. i'm not so certain. and even if it does, there's going to be a break in this market. we've had an incredible rally over time, and you may see a little more pop after that announcement, but i'm not willing to buy yet just on the unlikely event he doesn't do anything, you're going to see a pretty decent breakdown here. you could reach in a hard-pressed way down to 1397. i don't think we go that far, but then buy into it because i do like the market fundamentals. cheryl: you see buying opportunities even at that level, that's good to know for all of our viewers. over at the nymex we've got tom reilly standing by. tom, obviously, i want t
in anticipation of weakness in october. cheryl: you bring up the issue of europe and looking at the markets. this does not seem to be ending any time soon. is not a question of if spain need the bailout but when spain will need a bailout. at what point do investors take notice and make trades accordingly? >> exactly what the problem has been. they put that in the background and made everybody feel everything was ok. what we started to see was the unraveling of europe and once again the seriousness of that situation is in the forefront so a lot will take place in october. he will have a more volatile market and you will see investors moving into the final quarter stand up and take notice and price risk accordingly based on what is happening. spain is hoping it lee comes because it will take some pressure off of them to make a deal. cheryl: let me go to mike macfarlane to talk about the oil contract. what is going on? below $90 the inventory or is it a combination of things that has traders saying i will get the sound button today? >> a lot of uncertainty overseas. if you look at it technical
over right now. cheryl: stuart varney. thank you very much. sales of the iphone 5 disappointing some analysts. apple shares are taking a hit. mitt romney fighting back against critics who say he didn't pay his fair share of taxes. we will ask grover norquist, president of americans for tax reform about that very issue in a big interview last night. and union problems are forcing american airlines to cancel over 300 flights over the weekend with more cancellations expected. we have an analyst coming up during this hour of markets now. and it is the top of the hour right now. stocks of course now and every 15 minutes with nicole petallides on the floor of the new york stock exchange. let's talk more and more about apple here. nicole: what's really interesting is what did they actually do? they sold over 5 million iphone 5s this weekend. right? and now they are running out and there are shortages and tim cook is saying being patient. we will get them out as fast as we can. the stock is lower right now. some of the analysts were thinking 8 million would be sold. despite the fact it
: hello, everyone. i am cheryl casone and for gerri willis. tonight on "the willis report", a day of protests. in chicago, on the ticket line, teachers vote on a new contract. kids are staying home for another week. the mayor forces them to go back to work. >> this was a stripe of choice. a bad choice for children and not necessary. in new york, fighting capitalism, occupy wall street returns marked its one-year anniversary. across the middle east, rage against america. a wave of anti-american violence in several countries. the obama administration struggles to get a handle of the situation. >> those stories and more coming up. cheryl: anti-american protests to the middle the middle east have gone global, spreading spurred into africa, asia, and australia. jitters in the marketeer at home. google is taking action to block the controversial anti-islam film, the same film that the obama administration costs spontaneous attack on the libyan consulate. with more on this, anthony schaffer, author of "operation dark heart." let's start with you. we have to do the different stories on th
of the situation. >> those stories and more coming up. cheryl: anti-american protests to the middle the middle east have gone global, spreading spurred into africa, asia, and australia. jitters in the marketeer at home. google is taking action to block the controversial anti-islam film, the same film that the obama administration costs spontaneous attack on the libyan consulate. with more on this, anthony schaffer, author of "operation dark heart." let's start with you. we have to do the different stories on the morning talk shows. you have one show saying this was spontaneous. they had the president on as well, and he says the mother thing. >> you believe the libyan government president, they are allies compare all, they are allies compare all. we have to look as with the facts are revealing. i think the problem is this administration has devoted so much energy to saying we are going to be kinder and and gentler. we wanted a softer, kinder people that want to reach out and hug. unfortunately, the folks we're dealing with don't want to become. we are talking about a very concerted well-planned atta
years running. so come talk to us to see how we can help. wells fargo. together we'll go far. cheryl: what if i told you 264 companies on the s&p pay dividends that are higher than the yield on the 10-year treasury? there are some names from the comanager believes will be the next big dividend player yet joining us from boston to show how she identifies with those companies and will name a few. that is kind of a stunning statistic. 406 s&p 500 companies pay dividends, that is the highest level since 1999. what is up suddenly found religion paying money back to the shareholders? sylvia: i think you are seeing a change in corporate management, capital policy, which we think is a great thing for long-term oriented investors. i do think something managements see it can create a substantial amount of value particularly when you can compound the dividends over time and show nice growth in them. cheryl: you have a criteria of how can i get to the next big dividend players, so let's get to some of them. the number one criteria am that matters when it comes to trying to identify the next stoc
the fed. connell: dennis and cheryl will talk to the former u.s. ambassador john bolton about all of this. the call with the israeli prime minister today, big speech yesterday, lots going on here and overseas. "markets now" continues in a moment. hey, bro. or engaging. conversations help us learn and grow. at wells fargo, we believe you can never underestimate the power of a conversation. it's this exchange of ideas that helps you move ahead with confidence. so when the conversation turns to your financial goals... turn to us. if you need anything else, let me know. [ female announcer ] wells fargo. together we'll go far. >> announceryou never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks
. we have dennis kneale and cheryl casone to take us through the next hour. cheryl: happy monday. the middle east and your money. they are now new protests. dennis: and what bernanke is doing right. we have one market expert who says the fed chief has the right plan. cheryl: general motors tries to shed the government. dennis: like doing business with the sopranos. home prices posting the strongest gains in six years. we have double and their arguments whether the recovery is finally for real. cheryl: time for stocks now as we do every 15 minutes. nicole: what i am looking at right now is the dow jones industrial average. it is down right now. we are getting just a little bit back right now. this comes after some economic news we got this morning on new york fed manufacturing numbers that were disappointed. what is not disappointing? take a look at apple. another all-time high for apple as the iphone5 pre-orders are taking off the best ever. just doing great. up 1% right now. cheryl: thank you very much. we continue our coverage of the pilot protests in the middle east. at least
a house. cheryl: we have jerry howard coming up. and apple, 701. dennis: i am dennis kneale. cheryl: hello everybody. i am cheryl casone. stocks rallying. we will talk with jerry howard. dennis: romney's 47% comment cost. our investors ready to start making their bets on this election? cheryl: chicago teachers meeting today to decide whether or not it is time to go back to work. dennis: top of the hour. time now for stocks. nicole: use either dow jones industrial average down about two points. the nasdaq composite down and the s&p much of the same. the dow was slightly higher earlier. we do have that back and forth action. traders are saying that yesterday's pullback, light volume, we are looking for some direction here. on apple, though, clear direction. new all-time high today. went up as far as 701.44. this is because of the iphone5. setting all kinds of records. it is sleeker, faster, has a bigger screen. back to you. cheryl: unbelievable. thank you very much. looking at home builder confidence. it rose in september for the fifth consecutive month. it has been climbing constantly. a ra
it is really everybody. teams have been streaking including ourselves. so over the last -- >> cheryl and dennis will be up next. everyone has goals. take the steps to reach yours, with us with real advice, for real goals. the us bank wealth management advisor can help you. every step of the way. from big steps, to little steps. since 1863 we've helped guide our clients, so they can take the steps to help grow, preserve, and pass along their wealth. so their footsteps can help the next generation find their own path. all of us serving you. us bank cheryl: hello everybody. i am cheryl casone. dennis: and i am dennis kneale. the union challenge facing obama confident and chicago mayor. cheryl: international franchising now charging the president obama is killing small business jobs. we will talk with both the chairman and ceo on why they think mitt romney can do all of this letter. dennis: and paying $15 to get rid of the ads on the new kindle fire. cheryl: first, as we always do, time for stocks now. it looks like we are in a tight trading range. nicole: that is right. we had made it to that weak
next with cheryl casone and dennis kneale to talk about what is going on in charlotte. dagen: the ceo of nokia coming up in the next hour about the not so great reception in his company's windows-based phone is getting. trending topic on twitter. that is right. coming up. >> announcer: meet mary. she loves to shop online with her debit card, and so does bill, an identity thief who stole mary's identity, took over her bank accounts and stole her hard-earned money. now meet jack. after 40 years, he finally saved enough to enjoy retirement. angie, the waitress at jack's favorite diner, is also enjoying his retirement. with just a little information, she's opened up a credit line, draining the equity in jack's home. unfortunately, millions of americans just like you learn all it may take is a little misplaced information to wreak havoc on your life. this is identity theft, and no one helps stop it better than lifelock. see, ordinary credit monitoring services tell you after your identity has been stolen. they may take 30 days to alert you-- too late for jack. lifelo has the most comprehen
per barrel. connell: thank you. the trade. sandra smith. dagen: dennis and cheryl are next. connell: peter barnes will have all the coverage on the treasury about what the fed will be doing. lou dobbs second from the left. they are all coming up. fox business. don't go away. ♪ so... [ gasps ] these are sandra's "homemade" yummy, scrumptious bars. hmm? i just wanted you to eat more fiber. chewy, oatie, gooeyness... and fraudulence. i'm in deep, babe. you certainly are. [ male announcer ] fiber one. hey, bro. or engaging. conversations help us learn and grow. at wells fargo, we believe you can never underestimate the power of a conversation. it's this exchange of ideas that helps you move ahead with confidence. so when the conversation turns to your financial goals... turn to us. if you need anything else, let me know. [ female announcer ] wells fargo. together we'll go far. dennis: i am dennis kneale. cheryl: i am cheryl casone. it is a countdown to the fed decision. less than 30 minutes away. dennis: for the first time in a long time, many are betting bernanke and company will be
addresses the united nations. cheryl and dennis will find out what investors are watching when we come back. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay ale... but feel alive. the new c class is no exception. it's a mercedes-benz through and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. nature valley trail mix bars are made with real ingredients you can see. like whole roaed nuts, chewy granola, and real fruit. nature valley trail mix bars. 100% natural. 100% delicious. you were in the market to mo
track? cheryl and dennis are up in the next hour. they have our good friend stuart varney on. all that coming up on fox business. >> announceryou never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. >> announcer: credit monitoring is not enough, because it tells you after the fact, sometimes as much as 30 days later. with lifelock, as soon as our network spots a threat
it is. sandra: thank you for joining us. back to you. connell: we will pick up on this with cheryl casone and dennis kneale, on the presidential election and how it will be affected by the jobs report. and jeffrey cleveland on more fed stimulus out of this. market stimulus considers in a moment. ♪ ♪ i can do anything ♪ i can do anything today ♪ i cano anywhere ♪ i can go anywhere today ♪ la la lla la la la [ male announcer ] dow solutions help millions of people by helping to make gluten free bread that doesn't taste gluten free. together, the elements of science and the human element can solve anything solutionism. the new optimis you know how hard if yit can be to breathedo, and the human element can solve anything and what that feels like. copd iludes chronic bronchitis and emphysema. spiva helps corol my copd symptoms by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free spiriva does not replace fast-acting inhalers for sudden symptoms. tell
each other ] that is where we will end it today and maybe every day. over to cheryl and dennis. dennis: i am dennis kneale. cheryl: hi everybody. i am cheryl casone. moody's says unless congress gets its act together, the nation will be downgraded. connell: the standoff. today judge andrew napolitano wonders where the mayor really secretly want the strike. cheryl: today, wall street remembers 9/11 with a moment of silence. we will be live at fitzgerald. dennis: stocks now as we do every 15 minutes. nicole: pretty amazing here. multi- year highs for the averages over the last few weeks. we are back with the up arrow speared we have erased yesterday's losses. right now at this time, you can do the tech heavy nasdaq up a quarter of a percent. the dow up more than .5%. they always called these financials the lightning rods of the market. take a look at some of our big movers here. not wells fargo. citigroup and morgan stanley, bank of america, all gaining more than 2%. cheryl: we will see you, of course, and 14 minutes from now. that is according to the nfib. clint greenlee a small busines
... and fraudulence. i'm in deep, babe. you certainly are. [ male announcer ] fiber one. i am dennis kneale. cheryl: cheryl casone. numbers show better than expected private sector job growth as president obama has something to crow about a convention. elaine chao and john lonski. dennis: stocks in rally mode. the european head bank of these guys got in their act together? cheryl: amazon about to unveil its latest attempt at and ipad. how you can play it coming. dennis: stocks every 15 minutes and nicole petallides on the floor of the stock exchange basking in the green. nicole: auld dow 30 component in the green. so much going on from the jobs numbers that came out from the government and weekly jobless claims waiting for the big number. and the i s m number saw an improvement and highest reading since may. that is something we are following. let's look at some dow names. all 30 dow components in the green. a handful of names hitting new highs and disney hitting an all-time high. 19 all-time highs this year. cracked seeing highs we haven't seen since 2002. some stellar performance and i cannot lea
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medicine. cheryl: and the story that rocks the baseball world. charlie gasparino reported it here first. charlie back with a possible sale of the boston red sox. connell: at the top of the hour, let's go to nicole petallides. nicole: we are seeing a week here where we have moved major averages to multi- year highs. you remember when, it is not right at the 5000 market, but not too far off of its all-time high. most of the names on the dow supporting up arrow speared dow component kraft will no longer be a dow component. kraft is out. united healthcare in. they will be creating their new company. that market will be smaller. back to you. connell: thank you. dagen: we continue our coverage of the unrest in the middle east. marines have been sent to yemen now. connell: we are live in cairo, egypt with the very latest corporate good afternoon. there is a battle going on between protesters who are trying to preach some of the barricades. the protesters are launching molotov cocktails over the last couple days. these protesters are now trying to head into the american embassy compound. some o
. existing home sales at their highest level in two years and stocks in the sector are soaring. cheryl: the cost of obesity. frightening news on how much it costs to take care of the overweight population. out meme roth is here on out candy and snack company's target your children. dennis: following the latest cyberattacks liz macdonald investigates whether online banking is safe. nicole petallides on the floor of the nyse-listed. >> when you look at the screen on your television that is what their job is. it is a glassmaker. it is a buy rating, doing really well today, up from neutral, it is $16. it has an upside potential. let's break it down all little. two weeks of gains with five your eyes and game stops and retail stocks doing very well. >> thank you very much, cu in 15 minutes. more signs the housing recovery has staying power. no home construction on the rise but not as much as expected. it is of 2% from july to august and 20% from last year. home construction expected to add to gdp growth since 2005 and august sales jumped almost 8% and are up 9% from august of 2011. median pr
. george, how about another contestant? >> george: good idea. how about cheryl williams, come on down. you're the next contestant on "the price is right." ( cheers and applause ) >> drew: cheryl! next prize, please, george. >> george: all aboard. the price is right train is chugging out the next prize. it's new luggage. ( cheers and applause ) this three-piece antler liquis set is super lightweight with a tough polycarbonate a-plus shell, and wheels that are designed for easy travel and mobility. from antler. >> drew: hey, cheryl, what do you bid for the luggage? >> 913. >> drew: $913. brent? >> 600. >> drew: $600. tatum? >> 650, please. >> drew: 650. allison? >> 651. >> drew: 651. actual retail price is, you guys are so far off, $2,100. come on up here, cheryl. >> oh, my god, i'm so excited. >> drew: you should be. where are you from? >>. >> i'm from detroit michigan. >> drew: how about it. and welcome to the show. listen, i think we got something pretty nice for you. george, what do we have? >> george: take your beautiful new luggage and go on two beautiful trips, one to san francisco an
with oil down below 90 and everything $100 earlier in the week. cheryl: we will have more of peter barnes's big interview. dennis: i am dennis kneale. cheryl: i am cheryl casone. no help wanted. stocks pulling back as the number of people filing first-time jobless claims rose to the highest level since june according to the government. dennis: regulation nation coming up. goldman chief lloyd blankfein drinking kool-aid saying cover banking regulation is a necessary evil but mark will be here from the cato institute. cheryl: one of the largest hotels in the world and is opening today and of all places the people's republic of china. president and ceo of starwood hotels speaks to fox business about that expansion. dennis: top of the hour. stocks every 15 minutes. nicole petallides at stock exchange. nicole: interesting news here. walmart, amazon, target. you reamed member that target decided to stop selling the amazon kindle. walmart just a short time ago, amazon stock hit an intraday chart dropped like $1 and 1/2 and starting to come back now but it is interesting. a dramatic move. walmart
this evening, cheryl jennings. a emily award winning she hosts the news monday through friday and host of the community affairs show "beyond the headlines" which takes a in-depth look at issues. cheryl is a long time volunteer for the san francisco leauge of women voters and moderating many of the reforms and past recipient of the women that could be president award. we are honored to welcome cheryl. cheryl. >> thank you everybody. thank you for coming out tonight on a cold foggy san francisco evening. this district election is really important. i am proud to be here. this is a great organization. we have nine candidates and hello everyone. it's a pleasure to see everyone in the beginning and hopefully they remember me later. the way it will work is the candidates will have one minute that you submitted. i have four questions to start with, plus the league will have their own questions and we invite you to get your questions and someone will get them. the questions have been submitted on the leauge of women voters website and every candidate is going to answer every questi
pill. keep it right here. number one brock retus with cheryl casoney and carbin in. >>> and governor mitt romney's campaign trying to take his attention away with a this. this is pooling resources. and i actually believe in redistribution at least in a certain element to make sure that everybody has a shot. those words pose a present day threat to everyone's bottom line. i am cheryl casone. wish to wishin in. >> we have tracey and john and joining us our buddy christian dorsey is with us . welcome to all of you. johnathon, i want to start with you. we redistribute wealth we all lose money how so. >> look at statistics. what is the redestruction brought? median income come down in 49 of the 50 state unemployment up and food stamps up a stagnant economy. why does redistribution fail? it is evil and i don't think the president's philosophy changed. the president is saying he has the right to treat you like chum and all wealth is public and he can send it off to dead beat homeowners. who ever he sees fit. >> wayne, u.s. incomes fell as well. and really in the last couple. can we may be g
with cheryl casone government is the only thing we all belong tompt we are in different churchs and clubs and we are together as part of our city, county or state. >> the government is the only thing we all belong to. that is a video from the democratic national convention said. now a new push to getet government out of our lives by privatizing entire cities. this will save taxpayers from big government spending. i am cheryl casone, welcome to cashin' in. >> we have wayne, and johnathon and lori . john, and joining us is emit. and welcome to all of you . lori, i want to start with you. they are planning to create cities that are private in honduras. this will save us money. >> the united states is going broke. we are watching one city after another going bankrupt and politicians not reigning in the spending . cities are losing funding from the state as well as the federal government. why in the bring in private enterprise. they have all of the carb and they can maintain levels of risk. gost is notorous for running business badly. >> what do you think. you think it is making them private.
-old kenyan youngstrom. he's a seven-year veteran of the department. cheryl hurd has the latest on the investigation. we begin with gene ellie live outside the medical center with the latest on the officer's condition, gene? >> we have been receiving emotional updates from the chp all night. tonight officer youngstrom is listed in critical condition on life support. all night, members of his family have been arriving at the hospital. >> i've been speaking with his family, and they have asked me to convey their thanks to their extended family and friends, law enforcement and public safety communities. >> the acting chief of the chp's golden gate division says the critically wounded officer is kenyan youngstrom. his family is at his bedside, showing an intense show of support from the law enforcement community. >> they are overwhelmed with the relationship we share amongst ourselves as well as the communities. >> reporter: dozens of officers are in and out, holding vigil for the officer who served seven years with the chp. most recently in martinez. deanna mcdermott knows the fath
's an outcome of a homecoming party that turned violent. abc 2 news cheryl connor joins us now on what prompted that chaos. >> a party at the theert that they say was too crowded. we know it took police about four hours to break up all of the fights. >> video shot by a witness showed police getting a suspect to the ground after hours of trying to control an unruly crowd. dogs were brought in and pepper spray was used. working at subway at york road overnight. >> it got ridiculously busy. came in and ended upicking everybody out and saying we had to shut down. >> shut down and on lock down. police estimate over 2,000 people on york road and side streets from about 11:00 saturday night until 3:30 sunday morning. >> staggering around and just, you know, on the street stairing and making ridiculous noises to the cops. >> it was university's homecoming but baltimore county police say people from off campus caused the chaos that started at the wrecker theater. >> people were invite today this party including some paternities and one specific fraternity invited numerous subjects to this party who were
-draped coffins followed an emotional scene. >>> cheryl hurd joins us from berkeley, where the spirit of chris stevens is shining brightly tonight. cheryl? >> reporter: it is, indeed. it was a somber evening here in berkeley tonight. the candlelight vigil started with a moment of silence, for a man they call their brother. these members of the alpha tau omega fraternity didn't know christopher stevens. but he was their brother. that's why they held a candlelight vigil to honor him tonight. >> we share the same ideals. so, we know that we need to do something for him and his family. >> reporter: the ambassador graduated from u.c. berkeley in 1982 and was a member of this fraternity. in their eyes, he is a hero. >> we bow to our brother for the service in his life. >> reporter: stevens went on to study law at u.c. hastings in san francisco. as a young adult, he joined the peace corps. and taught english to children in a small moroccan town. even back then, he had dreams of becoming a diplomat. his uncle told us by phone that stevens was brilliant. >> he got this job strictly because of the quali
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